Founded in 2017, OpixTech provides technology solutions for algorithmic trading to a variety of financial institutions, including banks, brokers, ECNs and home offices, to help improve trading efficiency and reduce trading costs.
Algorithmic trading is the practise of assigning trading strategies to investors and allowing computers to carry out those trading strategies in order to maximize returns. With its algorithmic trading in the options, commodities, stocks, and foreign currency markets, OpixTech has already established itself as a pioneer in the field.
OpixTech serves mainly quantitative hedge and private equity funds with a high trading frequency, which have a high single-paying capacity and a high trading volume. In addition, securities institutions are also served by OpixTech, and these institutions are keen to promote new technology in the trade execution process. It appears from the data that trading via OpixTech algorithms can reduce transaction costs more than regular algorithms.
“Many great players have emerged in the algorithmic trading industry, but OpixTech services are aimed primarily at financial institutions.” Joseph Culter CEO said. He also added that the high net worth individuals served by institutional investors are demanding in terms of strategy expertise and returns, so this is where OpixTech comes in.